The World Trade Organization: Theory and Practice

Kyle W. Bagwell · Robert W. Staiger

58 citations0/0 files storedAnnual Review of Economics

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World Trade Organization Law Global trade and economics Economic, financial, and policy analysis

Abstract

We consider the purpose and design of the World Trade Organization (WTO) and its predecessor, the General Agreement on Tariffs and Trade (GATT), and review recent developments in the relevant theoretical and empirical literature. We describe the GATT/WTO architecture and briefly trace its historical antecedents. We suggest that the existing literature provides a useful framework for understanding and interpreting central features of the design and practice of the GATT/WTO, and we identify key unresolved issues.

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1965The Logic of Collective Action 1966The Logic of Collective Action.1992Protection For Sale 1985Export subsidies and international market share rivalry 2014Estimates of the Trade and Welfare Effects of NAFTA 2004Do We Really Know That the WTO Increases Trade?1996Goods Prices and Exchange Rates: What Have We Learned?n.d.An Economic Theory of GATT

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2010Backward stealing and forward manipulation in the WTO

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